News

Gilgit Baltistan achieves record revenue of Rs. 5.5 billion through SCO’s Telecom services

The Ministry of IT on Friday announced that the Special communication organization (SCO), which operates in the Azad Jammu & Kashmir and Gilgit Baltistan region, has achieved a revenue of Rs. 5 billion 50 crores for 2019-20, an increase of 60% over the previous fiscal year.

Further sharing details regarding the projects initiated by the SCO, the Ministry added that the phase 1 commercialization of the project has led to the revenue of $1.17 million against a cost of USD 4 million, which is expected to increase further end of the year. Some of the other SCO projects that have contributed to the revenues include the Khanjarab to Rawalpindi optical fibre project and the extension of the GSM network in Gilgit Baltistan, for which 350 mobile towers have been installed.

Earlier, the IT ministry had announced Rs.1580 million for a major networking project in Gilgit to facilitate a populace of around 300,000, including the Diamer-Bhasha dam site workers and the people living in nearby areas. The government has also dedicated substantial funds for development work in the province in the past, including Rs. 486 million for 3G/4G services,

SCO is a public sector organization working under the Ministry of IT (Government of Pakistan), established in 1976 to develop, operate and maintain telecom services in Azad Jammu & Kashmir and Gilgit Baltistan. Over the period of time, SCO has developed massive IT & Telecom infrastructure, including a 2500 kilometre Optical Fiber Cable network across the entire length and breadth of the area.SCO provides telecom services to both the public and private sectors (general populous) in Azad Jammu & Kashmir and the Gilgit Baltistan region.

Some of the key SCO services include landline telephony (PSTN), wireless local loop (WLL), cellular mobile (GSM) broadband internet (DSL), digital cross-connect (DXX), long-distance international (LDI), domestic private leased circuits (DPLC) and co-location facilities to telecom industry players operating in Azad Jammu &Kashmir and Gilgit Baltistan.

Read More: COAS inaugurates state of the art Software Technology Park in Gilgit.

Sponsored
Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

Leave a Comment
Share
Published by
Ahsan Zafeer

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago